Leading cryptocurrency Bitcoin (BTC) traded around $71,000, while Ethereum (ETH) closed at $3,900. Cryptocurrency prices continued to create significant market optimism today. Here is the latest in the cryptocurrency markets!
Altcoins Rise
Altcoins experienced volatile price movements, with Shiba Inu (SHIB) and Pepe coin (PEPE) recording gains in the meme token sector. The global cryptocurrency market value increased by 0.58% from yesterday to $2.65 trillion. However, the total cryptocurrency market volume in the last 24 hours decreased by 6.52% to $81.8 billion.
The flagship cryptocurrency Bitcoin saw a 0.11% increase in the last 24 hours, trading at $70,966.93. The token’s 24-hour low and high were $70,390.71 and $71,735.41, respectively.
Bitcoin’s Market Value
BTC’s dominance decreased by 0.11% during the day, remaining at 53.03%. Additionally, the cryptocurrency’s market value stayed at $1.39 trillion. Meanwhile, the price of the second-largest cryptocurrency by market value, worth $463.95 billion, increased by 1.44% to $3,862.88. ETH’s 24-hour low and high were $3,778.66 and $3,887.49, respectively.
SOL rose by 0.43% in the last 24 hours to $173.36. The token’s 24-hour low and high were $171.40 and $175.48, respectively. Simultaneously, the Ripple-backed cryptocurrency saw a 0.02% decrease at the time of writing, reaching $0.5251. XRP’s 24-hour high and low were $0.5245 and $0.5307, respectively. On the other hand, Dogecoin decreased by 0.07% in the last 24 hours to $0.1627, while Shiba Inu increased by 1.69% to $0.0000259. Pepe Coin’s price rose by 2.92% yesterday to $0.00001505. As a result, Bitcoin and Ethereum are trading at high levels, and market optimism continues. Altcoins are volatile, with Shiba Inu and Pepe Coin recording gains. Bitcoin dominance is stable, while other altcoins show variable price movements.
